About Progreso
Progreso is a company based in Santiago (Chile) founded in 1988.. Progreso offers products and services including Leasing Services and Factoring Services. Progreso operates in a competitive market with competitors including Autofin, among others.
- Headquarter Santiago, Chile
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Progreso
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of Progreso
Progreso offers a comprehensive portfolio of products and services, including Leasing Services and Factoring Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers equipment and vehicle leasing for business growth.
Provides factoring to enhance business cash flow quickly.
Funding Insights of Progreso
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2023 | Amount | Debt – Conventional - Progreso | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Progreso
Progreso has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Inter-American Development Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Loans and development finance are provided for regional projects.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Progreso
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Progreso
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Progreso Comparisons
Competitors of Progreso
Progreso operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Autofin, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of auto loans
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Progreso
Frequently Asked Questions about Progreso
When was Progreso founded?
Progreso was founded in 1988 and raised its 1st funding round 35 years after it was founded.
Where is Progreso located?
Progreso is headquartered in Santiago, Chile. It is registered at Santiago, Region Metropolitana De Santiago, Chile.
What does Progreso do?
Progreso was established in 1988 and is headquartered in Santiago, Chile. Financial services are offered by the company to small and medium-sized enterprises within the leasing and factoring sectors. Financing solutions are delivered to support business operations and expansion in the local market. Operations focus on tailored financial products that address the needs of Chilean SMEs across various industries.
Who are the top competitors of Progreso?
Progreso's top competitors include Autofin.
What products or services does Progreso offer?
Progreso offers Leasing Services and Factoring Services.
Who are Progreso's investors?
Progreso has 1 investor. Key investors include Inter-American Development Bank.